
01/22/2017: The Markets were down slightly this week, extending the sideways action for the 6th week. Most of the Trump Rally gains happened the first 3 weeks after the Election Nov. 8th. Good trades happen when Markets become Over-Sold, like on November 7th. Expecting large trading profits now, without a decent pull-back is not realistic.
Recent Money Wave Buys have been triggered, and many are getting Stopped Out quickly. The bounces are poor from lack of Buyers. Most HOPEFUL Investors are now IN the Markets and they FEEL GOOD! But Wise Investors TAKE PROFITS when the HERD FEELS GOOD.
Just control your EMOTIONS, and WAIT FOR IT. Train yourself to BUY BAD, SELL GOOD!
MONEY WAVE BUYS SOON: There are currently 11 Open Positions.
ON DECK to Buy soon: GS PIR & RSX Wait for GREEN ZONE BUYS. We will email or text when they are ready.
LONG TERM TRADES – We are looking for a good Entry Point for these, which could Double:
UGA US GASOLINE FUND The Daily UGA Chart is in the Green Zone for a Buy Signal soon.
Please view the WATCH LIST for pending Money Wave Buys.
Wait for Money Wave Buy Signals. We will email you when they are ready.
Click for Open Positions
Click for Closed Positions
Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.
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Tell your Friend about us, and HELP ANIMALS.
QUESTION: Don writes” To have a Money Wave Buy, do the moving averages need to be aligned? Does the 50 need to be above the 200, and the 10 above the 50?”
ANSWER: Please read and follow the Green Line RULES for best results…
1. Investment must be Above the Green Line (250-day moving average).
2. Investment must have Above 90 Relative Strength.
3. Money Wave Buy (Money Wave Indicator Closing > 20 and OUT of Green Zone.)
Thank you for your question.
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